CLEVELAND, Nov. 21, 2011 /PRNewswire/ -- Already partnering with 43 of the companies honored by Thomson Reuters as the world's Top 100 Innovators, NineSigma today announced a record year of expansion, fueled by businesses' increased recognition that innovation is critical to their long-term growth.
"The organizations that continue to surge ahead are those that never hesitate in their quest to innovate," said Andy Zynga, Chief Executive Officer of NineSigma, the leading worldwide provider of innovation services. "In particular, the ability to embed collaborative innovation across the organization is a key and winning differentiator in today's global marketplace."
Indeed, innovation distinguishes the Fortune 500 companies that are NineSigma's clients, including the largest food companies, auto manufacturers, energy companies and more. The firm has partnered with 30 percent of Fortune 50 corporations across industries, and 69 percent of the Fortune 50 in the manufacturing/processing sector. This level of market penetration has propelled NineSigma's growth to 20 percent in 2010, as new clients from around the world continue to choose its services. Among those that worked with NineSigma for the first time this year are the Big Idea Group, Bostik, CEVA Sante Animale, CIBA VISION Corporation, Harsco, the Propane Education & Research Council (PERC), and STERIS Corporation. In addition, as demand for its services continues to rise, particularly in the areas of health, energy, and sustainability, this profitable company expects to double its revenues within 2-3 years.
NineSigma has completed more than 2,000 innovation projects, and has helped customers reach potential partners from 116 countries. These solution providers have submitted more than 30,000 proposals on everything from materials to prevent chocolate from melting, to direct green laser technologies for automotive applicatio
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